Parkway Financial Services Limited

Registered number

12353032

Unaudited Filleted Accounts

31 March 2026

Parkway Financial Services Limited
Registered number:		12353032
Balance Sheet
as at 31 March 2026

Notes			2026			2024
£				£
Current assets
Cash at bank and in hand		29,545			28,736

Creditors: amounts falling due within one year	4	(29,445)			(12,792)

Net current assets			100			15,944

Net assets			100			15,944

Capital and reserves
Called up share capital			100			100
Profit and loss account			-			15,844

Shareholder's funds			100			15,944

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




David O'Hara
Director
Approved by the board on 5 November 2026

Parkway Financial Services Limited
Notes to the Accounts
for the period from 1 January 2025 to 31 March 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Fixtures, fittings, tools and equipment	over 5 years

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees		2026		2024
Number				Number

	Average number of persons employed by the company		2		2


3	Tangible fixed assets
					Equipment etc
£
	Cost
	At 1 January 2025				1,869
	At 31 March 2026				1,869

	Depreciation
	At 1 January 2025				1,869
	At 31 March 2026				1,869

	Net book value
	At 31 March 2026				-


4	Creditors: amounts falling due within one year		2026		2024
£				£

	Bank loans and overdrafts		-		2,920
	Taxation and social security costs		6,979		9,641
	Other creditors		22,466		231
			29,445		12,792


5	Other information

	Parkway Financial Services Limited is a private company limited by shares and incorporated in England. Its registered office is:
	750 Mandarin Court
	Warrington
	WA1 1GG